“We are pleased that our JLTV has demonstrated its capability to
transfer critical data from onboard systems to external networks during
this testing and evaluation process,” said U.S. Marine Corps Colonel
(Retired), John Bryant, senior vice president, Defense Programs for
Oshkosh Defense. “This is another important milestone in what has been
an exemplary procurement program by the DoD, which will provide the
protection and mobility our service men and women need for future
missions.”

A core element in developing the next-generation light vehicle is fully
supporting the execution of operational activities and information
exchanges identified in DoD Enterprise Architecture, while satisfying
the JLTV’s technical requirements for the transition to Net-Centric
military operations. Oshkosh recently completed this testing at the
Electronic Proving Grounds at Fort Huachuca, Arizona – the United States
Army's developmental test center for Command, Control, Communications,
Computers, Cyber and Intelligence (C5I) capabilities.

Oshkosh Defense has successfully completed every milestone to date
throughout the JLTV program’s Engineering and Manufacturing Development
(EMD) phase, including the design understanding review, manufacturing
readiness review and on-time delivery of 22 prototype vehicles 12 months
after the start of the EMD phase. As an Original Equipment Manufacturer,
Oshkosh has an in-house team of C4ISR experts who designed the C4ISR
solution for the fully integrated JLTV EMD prototype vehicles it has
delivered for the program.

Oshkosh is providing vehicle training and support throughout the 14
months of robust military testing during the EMD phase. The JLTV is
expected to fill a significant capability gap that exists between larger
MRAP vehicles and the aging High-Mobility Multipurpose Wheeled Vehicles
(HMMWV) fleet.

Leveraging a 97-year history of innovation, Oshkosh has developed a
state-of-the-art vehicle that redefines protection, extreme off-road
mobility and the very meaning of the term “mission-ready.”

About Oshkosh Defense

Oshkosh Defense is a leading provider of tactical wheeled vehicles and
life cycle sustainment services. For more than 90 years, Oshkosh has
been mobilizing military and security forces around the globe by
offering a full portfolio of heavy, medium, light and highly protected
military vehicles to support our customers’ missions. In addition,
Oshkosh offers advanced technologies and vehicle components such as TAK-4®
independent suspension systems, TerraMax® unmanned ground
vehicle solutions, Command Zone™ integrated control and
diagnostics system, and ProPulse® diesel electric and
on-board vehicle power solutions, to provide our customers with a
technical edge as they fulfill their missions. Every Oshkosh vehicle is
backed by a team of defense industry experts and complete range of
sustainment and training services to optimize fleet readiness and
performance.

Oshkosh Corporation is a leading designer, manufacturer and marketer of
a broad range of specialty access equipment, commercial, fire &
emergency and military vehicles and vehicle bodies. Oshkosh Corporation
manufactures, distributes and services products under the brands of
Oshkosh®, JLG®, Pierce®,McNeilus®,
Jerr-Dan®, Frontline™, CON-E-CO®, London®
and IMT®. Oshkosh products are valued worldwide in businesses
where high quality, superior performance, rugged reliability and
long-term value are paramount. For more information, please visit www.oshkoshcorporation.com.

®, TM All brand names referred to in this news release are
trademarks of Oshkosh Corporation or its subsidiary companies.

Forward-Looking Statements

This press release contains statements that the Company believes to be
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements other than
statements of historical fact, including, without limitation, statements
regarding the Company’s future financial position, business strategy,
targets, projected sales, costs, earnings, capital expenditures, debt
levels and cash flows, and plans and objectives of management for future
operations, are forward-looking statements. When used in this press
release, words such as “may,” “will,” “expect,” “intend,” “estimate,”
“anticipate,” “believe,” “should,” “project” or “plan” or the negative
thereof or variations thereon or similar terminology are generally
intended to identify forward-looking statements. These forward-looking
statements are not guarantees of future performance and are subject to
risks, uncertainties, assumptions and other factors, some of which are
beyond the Company’s control, which could cause actual results to differ
materially from those expressed or implied by such forward-looking
statements. These factors include the cyclical nature of the Company’s
access equipment, commercial and fire & emergency markets, especially
with the current outlook for U.S. and European economic recoveries; the
strength of emerging market growth and projected adoption rate of work
at height machinery; the expected level and timing of DoD and
international defense customer procurement of products and services and
funding thereof; risks related to reductions in government expenditures
in light of U.S. defense budget pressures, sequestration and an
uncertain DoD tactical wheeled vehicle strategy, including the Company’s
ability to successfully manage the cost reductions required as a result
of the significant projected decrease in sales levels in the defense
segment; the Company’s ability to win a U.S. Joint Light Tactical
Vehicle production contract award; the Company’s ability to increase
prices to raise margins or offset higher input costs; increasing
commodity and other raw material costs, particularly in a sustained
economic recovery; risks related to facilities consolidation and
alignment, including the amounts of related costs and charges and that
anticipated cost savings may not be achieved; the duration of the
ongoing global economic uncertainty, which could lead to additional
impairment charges related to many of the Company’s intangible assets
and/or a slower recovery in the Company’s cyclical businesses than
Company or equity market expectations; risks related to the
collectability of receivables, particularly for those businesses with
exposure to construction markets; the cost of any warranty campaigns
related to the Company’s products; risks related to production or
shipment delays arising from quality or production issues; risks
associated with international operations and sales, including foreign
currency fluctuations and compliance with the Foreign Corrupt Practices
Act; the Company’s ability to comply with complex laws and regulations
applicable to U.S. government contractors; and risks related to the
Company’s ability to successfully execute on its strategic road map and
meet its long-term financial goals. Additional information concerning
these and other factors is contained in the Company’s filings with the
Securities and Exchange Commission. All forward-looking statements speak
only as of the date of this press release. The Company assumes no
obligation, and disclaims any obligation, to update information
contained in this press release. Investors should be aware that the
Company may not update such information until the Company’s next
quarterly earnings conference call, if at all.